1-hour chart level [RCI three-line + BODSOR] example of a pullback selling signal EUR/USD
The figure below is the Euro-Dollar 1-hour chart.
Euro-Dollar 1-hour
Top:BODSOR
Bottom: RCI three lines (Red: RCI9, Light blue: RCI26, Yellow: RCI52)
Reversal Sell Signal (yellow arrows circled)
Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 reverses and starts to fall, all three RCIs may move down together.
In other words, price could also fall strongly.
In this kind of situationBODSORReversal sell signal (yellow arrows) lights up.
Indicator displaying pullback buying / reversal sell signals【BODSOR】
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http://bodsor.blog.fc2.com/
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Example of pullback buying / reversal sell signals on the USD/JPY 1-hour chart
*In the charts in this article, for convenience of explanation, yen, straight lines, squares, etc., may be drawn, so please understand this.
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